In 1990, a single decision by then-Prime Minister Margaret Thatcher had a devastating effect on the UK's broadband infrastructure for the next 20 years and for the foreseeable future.
In a little known story about the UK's broadband history, Dr Peter Cochrane, former Chief Technology Officer at BT and all round tech guru, tells TechRadar how the UK lost the broadband race way back in the 90s.
TechRader
What the Thatcherites and Blairites forget is that a monopoly can set any price it wants. Thus Government owned monopolies of countries that are sovereign in their currency have the ability to subsidize services below cost to encourage usage if it serves a social purpose.
ReplyDeleteBT and British Rail were very well run state monopolies before Thatcher and Blair decimated them.